Labour Leader Keir Starmer announces plans for a public clean energy company in Scotland, backed by £8.3bn, while maintaining oil and gas licenses for the energy mix.

Labour Leader Keir Starmer has vowed not to revoke oil and gas licenses as he unveiled plans to launch a public clean energy company in Scotland, aiming to create tens of thousands of jobs during the energy transition. Starmer insisted that oil and gas will be part of the energy mix for decades to come, while also emphasizing the need for a transition to renewable energy. The Labour Party's proposed Great British Energy company would be headquartered in Scotland and backed with £8.3bn in cash to drive up the number of green projects.

May 31, 2024
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